CLINTON, L. M.

Operated by L.C.S. PRODUCTION COMPANY (P-5 479574) in the SCRANTON,NW (DUFFER) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Oil lease lease 18608District 7BField 81808500NGPA filingOilCasinghead gasSaveExport
Value, all time
$57 k
Jan 1993 – Mar 2008
Value, last 12 filed months
$0
at the published price for each month
Months reported
183
no gaps in the span
Streams
2
oil, casinghead gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 23 leases and 30 wells, and the rule below applies to all of them.

Discovered
1980-08-11
as the register files it
Field class
Oil and gas
the register's own label
Between wells
no field rule filed
From a lease line
no field rule filed

The Commission's schedule remark for this field reads: ALLOCATION FORMULA EFFECTIVE 09/01/85.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
OilDisposition1,661 bbl$31,879
Casinghead gasProduction21,651 Mcf$25,453
Total$57,332

13,522 Mcf of this lease's gas, across 48 months, carries no value here. No free Texas wellhead gas price exists before 1997, so those months are left out of the total rather than valued at zero. The total above is therefore a floor, not an estimate.

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.3187, -99.1579. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.31870, -99.15793 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
100.0%
1 of 1 wells
With a plug date
100.0%
1 of 1 wells
Median depth
4,025 ft
1 wells filed one
Completion to plug
21.8 years
median over 1 well

What the state filed about each well

On the RRC proration schedule
1100.0%
A plug date is filed
1100.0%
BothOn the schedule and plugged. Neither fact cancels the other.
1100.0%
NeitherNo plug date, and not on the schedule.
00.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 4,025 ft.

Completions filed
May 1982
1 of 1 wells
Plug dates filed
Mar 2004
1 of 1 wells

Last completion to plug: a median of 21.8 years across the 1 well that filed both dates, with the middle half between 21.8 years and 21.8 years. The gap is the distance between two filed dates. It is not a statement of how long the well produced.

1 well

42-0593342414,025 ftMay 1982Mar 2004Yes

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (183)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

183 months

Mar 200800101.909.66$0
Feb 20080092.538.77$0
Jan 20080090.388.21$0
Dec 20070088.337.30$0
Nov 20070091.677.29$0
Oct 20070082.856.92$0
Sep 20070075.846.24$0
Aug 20070069.066.39$0
Jul 20070070.906.39$0
Jun 20070062.007.55$0
May 20070058.747.85$0
Apr 20070059.617.81$0
Mar 20070056.927.30$0
Feb 20070055.108.22$0
Jan 20070050.306.73$0
Dec 20060056.656.92$0
Nov 20060054.207.62$0
Oct 20060054.906.01$0
Sep 20060060.085.04$0
Aug 20060068.717.34$0
Jul 20060069.376.34$0
Jun 20060066.286.38$0
May 20060066.016.42$0
Apr 20060064.397.36$0
Mar 20060056.707.08$0
Feb 20060057.597.75$0
Jan 20060060.598.93$0
Dec 20050054.9413.42$0
Nov 20050054.6910.59$0
Oct 20050058.3413.80$0
Sep 20050061.4512.08$0
Aug 20050061.519.80$0
Jul 20050055.697.84$0
Jun 20050052.337.38$0
May 20050045.226.65$0
Apr 20050049.207.36$0
Mar 20050050.377.15$0
Feb 20050045.226.31$0
Jan 20050043.166.32$0
Dec 20040039.866.75$0
Nov 20040045.286.33$0
Oct 20040049.706.52$0
Sep 20040043.245.28$0
Aug 20040042.375.55$0
Jul 20040038.286.08$0
Jun 20040036.106.43$0
May 20040037.486.49$0
Apr 20040034.475.86$0
Mar 20040034.365.53$0
Feb 20040032.455.51$0
Jan 20040032.036.30$0
Dec 20030030.266.30$0
Nov 20030028.804.60$0
Oct 20030028.174.76$0
Sep 20030026.314.75$0
Aug 20030029.765.13$0
Jul 20030029.415.17$0
Jun 20030028.565.98$0
May 20030026.595.97$0
Apr 20030026.675.41$0
Mar 20030031.146.10$0
Feb 20030033.487.93$0
Jan 20030030.315.58$0
Dec 20020026.914.85$0
Nov 20020024.664.14$0
Oct 20020026.464.23$0
Sep 20020027.443.64$0
Aug 20020025.963.16$0
Jul 20020024.583.06$0
Jun 20020023.733.34$0
May 20020024.663.58$0
Apr 20020023.653.51$0
Mar 20020022.003.10$0
Feb 20020018.222.38$0
Jan 20020017.172.38$0
Dec 20010016.932.36$0
Nov 20010018.072.41$0
Oct 20010019.782.53$0
Sep 20010024.262.25$0
Aug 20010024.873.05$0
Jul 20010023.933.20$0
Jun 20011275624.563.82$3,333
May 2001010725.524.31$461
Apr 200115212824.685.34$4,434
Mar 2001013724.545.38$737
Feb 200114011127.755.77$4,525
Jan 2001014627.478.40$1,226
Dec 2000015926.889.12$1,450
Nov 2000014632.215.66$826
Oct 2000015431.235.15$792
Sep 2000015131.875.19$783
Aug 2000015329.644.54$695
Jul 2000010928.534.09$446
Jun 2000015329.304.40$673
May 2000019127.263.68$703
Apr 2000018424.513.12$573
Mar 2000019628.422.86$561
Feb 2000013127.622.73$357
Jan 200009525.272.48$236
Dec 1999018524.282.42$448
Nov 1999018223.192.43$443
Oct 1999015720.982.80$440
Sep 199997021.752.62$2,110
Aug 19990019.262.88$0
Jul 199901717.892.37$40
Jun 1999011415.942.36$269
May 1999017215.792.32$399
Apr 1999015115.102.21$333
Mar 1999016312.471.84$300
Feb 199901499.981.82$271
Jan 19997615010.381.90$1,074
Dec 199801499.201.77$264
Nov 199809110.892.19$199
Oct 1998011612.421.97$228
Sep 199807312.592.08$152
Aug 199804211.301.91$80
Jul 199807611.742.24$170
Jun 1998010911.242.24$244
May 1998016612.622.21$366
Apr 1998014313.042.51$358
Mar 1998015512.802.31$358
Feb 1998017213.952.30$395
Jan 1998016314.702.15$351
Dec 1997020016.322.41$482
Nov 1997020418.193.09$630
Oct 19975921919.253.15$1,826
Sep 1997021017.742.95$621
Aug 1997018617.862.55$475
Jul 1997021517.582.25$483
Jun 1997021717.242.26$490
May 1997025018.972.31$577
Apr 19979723317.882.08$2,220
Mar 1997026318.951.94$510
Feb 1997023820.492.21$525
Jan 1997029223.483.54$1,034
Dec 1996029323.32$0
Nov 1996026121.97$0
Oct 199614030323.31$3,263
Sep 1996028722.22$0
Aug 1996027020.26$0
Jul 1996028319.55$0
Jun 1996028718.73$0
May 1996028219.43$0
Apr 1996027821.51$0
Mar 1996031719.38$0
Feb 1996019516.98$0
Jan 1996016417.07$0
Dec 1995019117.19$0
Nov 199514918816.00$2,384
Oct 1995023215.43$0
Sep 1995030816.18$0
Aug 1995031615.92$0
Jul 1995030215.24$0
Jun 1995029816.41$0
May 1995028717.56$0
Apr 1995029617.73$0
Mar 1995027716.44$0
Feb 1995026416.58$0
Jan 199510829815.92$1,719
Dec 1994027515.03$0
Nov 1994020815.90$0
Oct 1994033715.58$0
Sep 1994031315.29$0
Aug 1994032416.13$0
Jul 19943434017.56$597
Jun 1994032117.09$0
May 19946236515.88$985
Apr 1994032814.14$0
Mar 19947434412.46$922
Feb 1994025112.50$0
Jan 1994021212.66$0
Dec 19935822612.33$715
Nov 1993024114.49$0
Oct 1993022815.85$0
Sep 19939743115.03$1,458
Aug 1993029015.66$0
Jul 1993034515.46$0
Jun 19932128916.79$353
May 19935224817.68$919
Apr 1993027918.05$0
Mar 19933428718.14$617
Feb 1993026417.90$0
Jan 19938429916.93$1,422

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

Jun 2001 — as filed, then multipliedworked
Oil                  127 bbl  × $ 24.56 =     $3,119
Casinghead gas        56 Mcf  × $  3.82 =       $214

────────────────────────────────────────────────────
Month total                                   $3,333

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 7B/O/18608 is the state's own key, not one this site invented.